Carvana Father-Son Duo Cashed Out $147 Million on Stock Rebound

The father-son duo behind Carvana Co. has been reaping profits from the online used-car dealer’s share rebound. The elder Ernie Garcia II, a major shareholder and the wealthier of the two, sold nearly 1.3 million shares worth $145 million in May. That’s the biggest monthly dollar amount since August 2021, when he sold over $329 … Read more